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Cambodian feed millers attended a Northern Crops Institute soy procurement course to learn risk management for buying US soybean meal. The article says purchases of US soybean meal are increasing, and the millers met with four US exporters.
Growing Southeast Asian feed demand for US soymeal supports export flows, though the article describes a training program rather than a price-moving event.
soygrowers.comOct 17, 2019After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
